If you are a toy manufacturer in China, you should be very worried. The development of 3D printers is growing. It has manufacturing countries with low labor costs as their competitive advantage in the cross hairs. It will change wealth patterns and shift more wealth to heavy consumer countries like the USA from low consumer high manufacturing countries like China.
Showing posts with label Labor costs. Show all posts
Showing posts with label Labor costs. Show all posts
Thursday, November 14, 2013
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